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Offered by Mariposa Realty of Taos
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in Ranchos de Taos


MLS#: 107637
Price: $1650000
Address: 107 Espinoza Road
City: Ranchos de Taos
State: NM
Zip: Valley Land
Agent: Dee Doubleday
Office: Mariposa Realty of Taos

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The Diamond Lane Complex is a lovely gated property on the South side of Taos consisting of six units: two duplexes and two free-standing casitas on 1.4 acres. All units are nearly new, having been built between 2019 and 2020 and are fully occupied. The current combined monthly rents are $8800.00. The duplexes are 1250 sf, 2 bed/1.5 bath units with large kitchens and living rooms, stunning tile floors with radiant floor heat, T&G ceilings, alder wood cabinets and doors, tile showers and sinks and spacious master bedrooms and baths, lots of storage and lighted carports. The two casitas are free-standing, 1100 sf, 2 bed/1 bath homes with beautiful cabinetry, tile floors and baths, radiant floor heat, T&G ceilings and plenty of parking. All units are equipped with stoves, refrigerators, microwaves, on demand hot water and washer and dryers. The entire compound lot offers beautiful views of Taos Mountain. Tenants pay all utilities except water, which is provided by a community well. Units are pre-wired for Kit Carson high speed fiber internet and satellite TV at tenant expense, if desired. All units are rented for minimum one year terms. This is an amazing opportunity to get the whole family in on a new complex or a great addition to your investment portfolio!